- Market downturn with lower demand and weaker realizations
- Shift in business model from bulk chemicals towards niche Derivatives and Specialty chemicals
- Depressed realizations across most specialty and bulk chemicals
- Compromise in the operational conditions of the plant affecting employee and community safety
- Greenhouse gas emissions, process emissions and air pollutants
- Significant water usage and wastewater disposal
- Improper management of hazardous chemicals
- Inadequate management of processes enhancing air pollution
- Risks concerning product safety and quality
- Ethical breaches
Epigral Limited (Formerly Meghmani Finechem Limited)
Greenhouse gas emissions & sustainability report data
In its 2023-24 reporting, Epigral Limited (Formerly Meghmani Finechem Limited) disclosed greenhouse gas emissions of 1.2M tCO2e/year (Scope 1 & 2). By scope: Scope 1: 1.2M tCO2e/year; Scope 2: 61.3K tCO2e/year; Scope 3: 35.9K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
1.2M tCO2e/year (Scope 1 & 2)
2023-24
Renewable Energy
8%
of total energy
Water Usage
5.4M m3/year
2023-24
Waste
79.8K tons/year
2023-24
Energy Use
356.1K MWh/year
2023-24
📊 Emissions by Scope (2023-24)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 1.2M tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 61.3K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 35.9K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023-24 | 1.2M tCO2e/year (Scope 1 & 2) |
| 2022-2023 | 1.7M tCO2e/year (Scope 1) + 80113 tCO2e/year (Scope 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Commissioned a 65 KLD sewage treatment plant (STP) to facilitate the reuse of treated water
- Recycled and reused hazardous waste in water treatment processes
- Replaced all asbestos sheets with GI sheets
- Discontinued the use of Barium Carbonate and adopted Sulphate Removal System (SRS)
- Allocated 33% land area to a green belt
- Commissioned an 18.34 MW wind-solar hybrid power plant
- Reduced GHG emission (tCO2e/Ton) from 1.68 to 1.60
- Reduced water consumption (Kl) per unit of production from 5.55 to 5.25
- Reduced power consumption (GJ) per unit of production from 20.45 to 19.85
🎯 Climate & Sustainability Targets
📅 Medium-term
- Increase the proportion of revenues from Derivatives and Specialty Chemicals by 1,000 bps each year
🌱 ESG Focus Areas
Reducing greenhouse gas emissionsEnhancing energy efficiencyIncreasing renewable energyModerating per unit water consumptionModerating per unit waste generationMinimizing air emissionsEmployee health and safetyCommunity engagementResponsible governance